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Samee Zafar, Director at Edgar, Dunn & Company (EDC), discusses how emerging technologies and networks are redrawing the competitive boundaries of cross-border payments for businesses.
cross-border payments, ecommerce, banks, digital payments, SMEs, SEPA, PIX, crypto, digital currency
France-based payment solutions provider Lyra has partnered with India-based NPCI International Payments Limited (NIPL) to introduce the UPI payment mechanism in France.
partnership, UPI, online payments, mobile payments, online transaction
Alipay Plus has expanded its services to the UAE, allowing Chinese visitors to use it for taxi payments and receive instant tax refunds at major airports, enhancing travel convenience.
QR code, QR payments, mobile payments, digital wallet, POS
Fintech Galaxy has announced the launch of FINX Comply, a set of Open Banking compliance services for customers and clients in the region of the UAE.
product launch, expansion, Open Banking, Open Finance, banking, online banking, mobile banking, digital banking, financial services, financial institutions
PayTabs Group has announced its partnership with Fintech Galaxy in order to optimise GCC’s fintech space with payment orchestration and Open Banking services.
partnership, Open Banking, Open Finance, banking, online banking, mobile banking, digital banking, financial services, financial institutions
The first cross-border settlement for precious metals using the digital yuan CBDC, known as e-CNY, was completed on 20 December 2023.
CBDC, digital currency, central bank, settlement, digitalisation
Embark on a journey through APAC's financial crime compliance landscape with Sachin Shah from TCS and FCC subject matter enthusiast, India, as he puts the spotlight on India's role in the region and the impact of digital innovation.
financial crime, AML, cybersecurity, crypto, FATF, digitalisation
Switzerland-based digital asset infrastructure provider Taurus has expanded in Germany, in order to continue its international growth and technology development.
expansion, crypto asset, crypto, cryptocurrency, tokenization
Richard Turrin, Author of ‘Cashless’, reveals the true potential of e-CNY that goes beyond retail payments and insights into ways of breaking the dollar monopoly on oil trade.
CBDC, digital payments, banking, fintech, distributed ledger technology, blockchain, WeChat Pay, Alipay
Expanding on the rationale behind funding and M&A activity in regtech and IDV, today we present the technology vendors in the space that have made headlines since the beginning of 2023.
identity fraud, regtech, merger, acquisition, funding, AI, machine learning, KYC, AML
Mastercard has announced its partnership with WorldPay and Spain-based firm Travel Tax Free to introduce the Mastercard Send into the latter’s management service.
partnership, travel payments, mobile payments, digital payments, online payments, ecommerce
Airtel Money Tanzania and TerraPay have introduced an international remittance service, allowing the former’s customers to transact using their Airtel Money accounts in the UAE.
mobile payments, remittance, cross-border payments, partnership, POS
The Central Bank of the UAE (CBUAE) and the Central Bank of Egypt (CBE) have entered into a Bilateral Currency Swap Agreement between the UAE Dirham and the Egyptian Pound.
partnership, banking, financial services, financial institutions
UAE-based RAKBANK and UnionPay International have announced their collaboration to drive contactless mobile payments in the UAE.
mobile payments, contactless payments, Google Pay, Apple Pay, merchants, POS
Fintech Alif has launched Alif Pay in a bid to expand its footprint in the UAE and extend financial services and global remittance to UAE residents.
product launch, expansion, BNPL, financial inclusion, remittance, financial services, fintech
Huawei Mobile Services (HMS) has partnered with multiple UAE banking apps to improve the digital banking landscape in the region.
mobile banking, digital wallet, partnership, financial services
Astra Tech has partnered with Ant Group, a digital payment platform, to launch Alipay+, a cross-border digital payments solution, in the UAE.
partnership, digital payments, cross-border payments, online payments, expansion
Emirates Development Bank has signed a Memorandum of Understanding (MoU) to support SMEs in collaboration with Trade Capital Partners.
partnership, SMEs, financial institutions, banks
UAE-based Network International has introduced WeChat Pay acceptance on its POS terminals across the United Arab Emirates.
mobile payments, digital payments, cashless, digital currency
Shariah-compliant Ajman Bank has introduced Google Pay for its debit and credit cardholders, both for Android and WearOS.
digital payments, mobile banking, financial services, online payments